In CA age of a neighborhood seems to be an irrelevant factor for how much something will be worth in the future, Redlands is a great example of this the most expensive areas are fairly old homes whereas some of the most affordable are tile roof 80s built homes.3.

If I spend $15k on a new roof, appliances, and paint I’ve likely paid more in labor than materials and won’t see the same return on the final value.

Now these are cosmetic changes , if the complex needs roof replacement ( $ 30k )  and building needs paint ( $ 10k ) , asphalt is cracking ( $ 7k ) new hot water ( $ 5k ) , then that ROI % return will be shot .

Hello,I am in the process of purchasing one of my first properties that after the inspection I found out a lot of garage problems.It has bad roof, rotted wood, the garage door is old, the garage opener is not working (the electricity cable is cut), the concrete is in bad shape...

HVAC, Electrical, Plumbing, Framing, Roof repairs, Flooring, Framing, etc. 

For example, in Denver you can only have 3 unrelated people living together under one roof.

@Brandon Roof Looks like a good deal on the outside to me if we’re still talking $2800 for that category, do you see anything else I could be missing to hinder the deal?

I recently had an issue where the tenants had a leak and I had to turn off the water, luckily the unit 1 owner who has the water shutoff in his utility closet was home.

Plumbing leaks may void warranty.

Replacing a toilet, roof, stove, outlet ...